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CBSE 2020 Class 12 Economics Delhi Set 1

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Question : 14 of 46
Marks: +1, -0
Calculate Gross Value Added at Market Price :
 S. No.  Particulars  (₹ in lakh)
 (i)  Depreciation  20
 (ii)  Domestic Sales  200
 (iii)  Change in Stocks  (-)10
 (iv)  Exports  10
 (v)  Single use producer goods  120
Solution:  
Gross value added at market price (GDPmp)=(\text{GDPmp})= Domestic sales + Export +Δ+\Delta Stock - Single use producer goods
  =200+10−10−120\;=200+10-10-120
  =210−130\;=210-130
  =₹80   lakh   \;=\text{₹} 80 \;\text{ lakh }\;
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